The stock of Deutsche Bank AG (DB) has seen a 7.73% increase in the past week, with a 6.99% gain in the past month, and a 31.08% flourish in the past quarter. The volatility ratio for the week is 1.34%, and the volatility levels for the past 30 days are at 1.71% for DB. The simple moving average for the last 20 days is 6.58% for DB stock, with a simple moving average of 36.23% for the last 200 days.
Is It Worth Investing in Deutsche Bank AG (NYSE: DB) Right Now?
Deutsche Bank AG (NYSE: DB) has a price-to-earnings ratio of 7.36x that is above its average ratio. Additionally, the 36-month beta value for DB is 1.26. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 1 rating it as “sell.”
The public float for DB is 1.84B and currently, short sellers hold a 0.40% ratio of that float. The average trading volume of DB on May 08, 2024 was 3.49M shares.
DB) stock’s latest price update
Deutsche Bank AG (NYSE: DB)’s stock price has plunge by 2.31relation to previous closing price of 16.90. Nevertheless, the company has seen a 7.73% surge in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-05-03 that Despite concerns related to high restructuring costs, Zacks Foreign Bank industry stocks like HSBC, BCS and DB will benefit from higher rates.
DB Trading at 12.72% from the 50-Day Moving Average
After a stumble in the market that brought DB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -3.70% of loss for the given period.
Volatility was left at 1.71%, however, over the last 30 days, the volatility rate increased by 1.34%, as shares surge +8.74% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +30.29% upper at present.
During the last 5 trading sessions, DB rose by +7.73%, which changed the moving average for the period of 200-days by +52.74% in comparison to the 20-day moving average, which settled at $16.29. In addition, Deutsche Bank AG saw 27.60% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for DB
Current profitability levels for the company are sitting at:
- 0.11 for the present operating margin
- 0.97 for the gross margin
The net margin for Deutsche Bank AG stands at 0.12. The total capital return value is set at 0.0. Equity return is now at value 7.05, with 0.34 for asset returns.
The debt to equity ratio resting at 1.95. The interest coverage ratio of the stock is 0.13.
Currently, EBITDA for the company is -1.07 billion with net debt to EBITDA at -116.48. When we switch over and look at the enterprise to sales, we see a ratio of 0.08. The receivables turnover for the company is 22.9for trailing twelve months and the total asset turnover is 0.03. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.58.
Conclusion
In conclusion, Deutsche Bank AG (DB) has seen better performance in recent times. Analysts have a bearish opinion on the stock, with some rating it as a “sell” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
